The Machinery of Federal Regulation of Commerce : Thesis (Classic Reprint) epub
The Machinery of Federal Regulation of Commerce : Thesis (Classic Reprint) epub

The Machinery of Federal Regulation of Commerce : Thesis (Classic Reprint) by David Scott Hanchett
The Machinery of Federal Regulation of Commerce : Thesis (Classic Reprint)
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Author: David Scott Hanchett
Page Count: 36 pages
Published Date: 27 Sep 2015
Publisher: Forgotten Books
Publication Country: United States
Language: English
ISBN: 9781331498049
File Name: The.Machinery.of.Federal.Regulation.of.Commerce.Thesis.(Classic.Reprint).pdf
Download Link: The Machinery of Federal Regulation of Commerce Thesis (Classic Reprint)
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Excerpt from The Machinery of Federal Regulation of Commerce: Thesis From the earliest days of its history the United States Government has been active in the control and regulation of commerce. Before the outbreak of the Revolutionary War the American colonists were accustomed to the regulation of commercial matters by the British Government, and it is not surprising that, when independence was declared, the Continental Congress should have proceeded to regulate trade matters. While it possessed no authority to do so, its action was nevertheless respected by the several States during the revolutionary crisis. As early as 1775 the Continental Congress opened American ports to the ships of all countries, prohibited the slave trade, and assumed the management of the post-office. The first treaty of commerce (with France) providing for reciprocal trade was negotiated along with the treaty of alliance in 1778. But these de facto powers did not become de jure at once. The colonists had not entirely learned the lesson of cooperation. The Articles of Confederation, adopted by Congress in 1777, and ratified by all of the States by 1781, gave Congress no power to make commercial regulations. The various State governments not only placed varying restrictions upon foreign trade, but often imposed burdensome duties on interstate traffic as well, and retaliation - commercial war in fact - was the result. Effective regulation of trade under the Articles of Confederation was impossible, and furthermore, individual States obstinately prevented the adoption of several amendments to the Articles which were then brought forward with a view to conferring upon Congress a certain degree of regulative power. The unfortunate commercial situation was the chief reason for the change in the form of government effected by the adoption of the Federal Constitution in 1789. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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